Technical analytics

DAX

DAX remains in a familiar range trading between 12600 and 12500 on Wednesday. 

NASDAQ preserved its neutral-to-bearish stance during the Asian and European sessions on Wednesday. 

Gold opened green against the US dollar and was able to continue its recovery breaking above 1310 during the Asian hours. 

Brent extended its side-trend during the Asian session. 

The euro remained around its recent highs in the 1.1950 area during the night trades.

After unsuccessful recovery the pound turned bearish again. 

The sentiment is firmly bullish in the market towards the dollar now. 

The pound extended its consolidation phase trading up and down between 151.50 and 150.00. 

The currency pair extended its near-term upward trajectory and approached 134.50.

The AUD sellers came across buyers’ resistance around 0.7950.